Public debt as indicator of debt security Cover Image

Державний борг як індикатор боргової безпеки
Public debt as indicator of debt security

Author(s): Oksana Cheberyako, Natalia Pasichna
Subject(s): National Economy, Economic development, Public Finances, Fiscal Politics / Budgeting
Published by: Університет Григорія Сковороди в Переяславі
Keywords: government debt; debt policy; debt security; indicators of debt security state debt management;

Summary/Abstract: The subject of the article is the theoretical basis of debt security and accounting the indicators of debt security indicators for Ukraine.The purpose of this article is to search the main aspects of indicating the burden of the debt and identify the main problems existing in the management of public debt in Ukraine, identify category of the debt security and its indicators, determinate the level of debt security and methods of its improving.We used methodical apparatus, consisting of research, analysis, synthesis and generalization when determining the basic concepts, causes, and classification of state loans and public debt, as well as clarification of the status of Ukraine's debt instruments using economic and mathematical modeling and graphical presentation of the results of research.The results of the work: The article reviews the main causes, economic meaning and role of the government debt,characterizes the main directions of state debt management, and shows ways of improving the debt security in Ukraine.Sphere application of the results: Organizing and carrying out scientific research in the field of public finance and forming the main directions of public policy in regards to debt regulation.Conclusions: debt security is getting worse in Ukraine; level of debt security has decreased from the dangerous level in 2011to critical level in 2015. This situation couldn`t be without attention from Ukrainian government and needs their intervention immediately. The strategy of shaping up and financing the government debt has to base on scientific discoveries. The size and structure of the public debt should be predicted on several years. The purpose of the forecast is to balance public debt, promote the sustainable economic growth and development of the financial system. Without this strategy we could mention future aggravation of the economic crisis that will lead to the growth of public debt.

  • Issue Year: 1/2016
  • Issue No: 31
  • Page Range: 283-291
  • Page Count: 9
  • Language: Ukrainian
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